Org.nr 922 623 872 2024 → 2025 Year-over-year analysis

ERICHSEN HOLDING AS: årsregnskap 2025 vs 2024

Returned to profit, cash halved-plus

approved 2026-06-24; registry 2026-06-25; journal 2026 586451

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ERICHSEN HOLDING AS. Net result -50.4k NOK → +284 NOK. Equity 374.8k NOK → 444.7k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ERICHSEN HOLDING AS.

Scorecard

Revenue
154 NOK n/m
—
Operating result
-8 545 NOK -4 154 NOK
+51.4%
Net result
-50.4k NOK +284 NOK
+100.6%
Equity
374.8k NOK 444.7k NOK
+18.6%
Cash
99.3k NOK 45.1k NOK
-54.6%
Total assets
1.13m NOK 1.20m NOK
+6.6%

What improved

  • ↑

    Operating result improved

    Operating result -8 545 NOK → -4 154 NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 50.4k NOK to a profit of 284 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 374.8k NOK → 444.7k NOK (equity ratio 33.2% → 37.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 99.3k NOK → 45.1k NOK (-54.6% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.21× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 198.5k NOK → 508.6k NOK. Reported fact